NOT LISTED FOR SALE

Estimated Value: $6,939,000 - $10,553,273

4 Beds
4.5 Baths
5,130 Sq Ft
$1,767/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $8,000,000 $1,559 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $57,590/month

Highlights

  • Ocean View
  • Home Theater
  • Clubhouse
  • Newport Coast Elementary School Rated A
  • Spa
  • Mediterranean Architecture

About This Home

As of May 2023

For Comps Purpose. Highly customized home offers the best views in Ocean Heights. Includes modified floor plan w/ main floor master bedroom, bonus family room, plus huge media room, antique stone flooring w/exquisite marble detail used throughout, gourmet kitchen with glazed cabinetry and honed marble counters and Italian mosaic tile details. Private courtyard features a masonry fireplace, dining pergola and barbecue center.

Last Agent to Sell the Property

Michael Fawaz

Compass License #01342829 Listed on: 05/24/2023

Compass

Last Buyer's Agent

Michael Fawaz

Compass License #01342829 Listed on: 05/24/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,176

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Glass Fence
  • Sprinklers Throughout Yard

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Spanish Tile Roof
  • Clay Roof

Interior Spaces

  • 5,130 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Stone Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Converted Bedroom

Outdoor Features

  • Spa
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 15400
  • Assessor Parcel Number 47821123

Community Details

Overview

  • Ocean Heights Association, Phone Number (949) 922-7762
  • First Service HOA
  • Cassis Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,176

Year Built

Built in 2003

Lot Details

0

HOA Fees

$850 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-922-7762
  • Property Attached: No
  • Subdivision Name Other: Cassis (NCCS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47821123
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5130.00 Square Feet
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area, Dining Room
  • Entry Level: 2
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1559.45
  • Room Type: Bonus Room, Converted Bedroom, Den, Family Room, Home Theatre, Living Room
  • Spa Features: Private, Association

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic
  • Fence: Yes
  • Fencing: Glass
  • Pool Features: Association
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Clubhouse, Trash
  • Association Fee: 850.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Heights
  • Phone: 9499227762
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights
  • Association Management: First Service

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Land Lease Renewal Date: 2023-05-24
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 11500.00
  • Lot Size Acres: 0.2640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 49
  • Tax Model: 3
  • Tax Tract: Cassis
  • Tax Tract Number: 15400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Apr 12, 2023
Sold by
Walter And Lola Green Family Trust
Bought by
Bolter Patrick E
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Michael Fawaz
Compass
List Price
$8,000,000
Sold Price
$8,000,000
Views
3
Current Estimated Value
$9,064,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,818
Avg. Annual Appreciation
6.08%
Original Mortgage
$4,000,000
Outstanding Balance
$3,866,024
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$5,274,966

Purchase Details

Listed on
May 1, 2012
Closed on
May 31, 2012
Sold by
Mayer Robert L
Bought by
Green Walter A and Green Lola R
Seller's Agent
Kandy Petillo
Abrams Coastal Properties
Buyer's Agent
Tom Billings
Coldwell Banker Realty
List Price
$4,375,000
Sold Price
$3,800,000
Premium/Discount to List
-$575,000
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Sep 27, 2007
Sold by
Markham James A and Markham Cheryl
Bought by
Mayer Robert L and Trust Of 1982

Purchase Details

Closed on
Jan 29, 2007
Sold by
Jim & Cheryl Markham Enterprises Lp
Bought by
Letcavage Caryn and Jim & Cheryl Markham Childrens Trust

Purchase Details

Closed on
Jan 19, 2007
Sold by
Jim Markham Enterprises Inc
Bought by
Markham James A and Markham Cheryl

Purchase Details

Closed on
Apr 6, 2005
Sold by
Cramer Peyton Avery and Cramer Tania Nina
Bought by
Jim & Cheryl Markham Enterprises Lp
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bolter Patrick E $8,000,000 Western Resources
Green Walter A $3,800,000 Fidelity National Title
Mayer Robert L -- Equity Title Company
Letcavage Caryn -- None Available
Markham James A -- None Available
Jim Markham Enterprises Inc -- None Available
Jim & Cheryl Markham Enterprises Lp $4,350,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolter Patrick E $4,000,000
Previous Owner Cramer Peyton Avery $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $8,000,000 0.0% $1,559 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $8,000,000 +110.5% $1,559 / Sq Ft
07/02/2012 07/02/12 Sold $3,800,000 -13.1% $760 / Sq Ft
05/01/2012 05/01/12 For Sale $4,375,000 -- $875 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $88,176 $8,323,200 $7,008,535 $1,314,665
2024 $88,176 $8,160,000 $6,871,112 $1,288,888
2023 $48,781 $4,516,064 $3,505,118 $1,010,946
2022 $47,972 $4,427,514 $3,436,390 $991,124
2021 $46,476 $4,340,700 $3,369,009 $971,691
2020 $46,525 $4,296,192 $3,334,464 $961,728
2019 $45,555 $4,211,953 $3,269,082 $942,871
2018 $44,645 $4,129,366 $3,204,982 $924,384
2017 $44,973 $4,048,399 $3,142,140 $906,259
2016 $46,716 $3,969,019 $3,080,529 $888,490
2015 $46,369 $3,909,401 $3,034,256 $875,145
2014 $45,316 $3,832,822 $2,974,819 $858,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23086710

California Regional Multiple Listing Service (CRMLS)

APN: 478-211-23